Have you been saving money but don’t have enough for a full down payment? Maybe the bank won’t give you a mortgage because your self employed or may have had bad credit in the past. Whatever your reason is you have dreams of being a homeowner and are looking for alternatives. Rent-To-Own maybe that solution for you.
With a Rent-To-Own solution we can work with you even if you have less then 10% down payment. Every month you pay rent, a portion of that rent goes to the future purchase of your home!
We currently have a 2bed 2bath condo available for Rent-To-Own in Fort Saskatchewan. One family member must be 45+. Kids 18+ ok. Hallway leads past the insuite laundry and storage room into the living space. Large kitchen with ample cupboards and all appliances. Dining Area with large picture window with a Southern exposure. Living area is very spacious, great for entertaining… patio doors leads to the covered balcony. Room for your patio set and BBQ. Master suite has walk through closets and 4 piece bathroom. extra storage in the bathroom. 2nd bedroom is also a good size. Three piece main bathroom with a stand alone shower. Exceptionally priced. Well maintained, quiet building.
Heat, water/sewer, cable, covered parking, in suite laundry
Age restriction: 45 +
Only spouse and child 18+ can be accepted
Three options to choose from:
1--$0 deposit, Monthly Payment $1790, We will give $100 monthly credit towards purchase of this unit - Net Monthly Cost ONLY = $1690
2--$5,400 deposit, Monthly Payment $1690, $200 monthly credit towards purchase - Net Cost ONLY = $1490
3--$18,000 deposit, Monthly Payment $1488, $300 monthly credit towards purchase - Net Monthly Cost ONLY = $1188
Above calculations are based on ONE year term